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Close the Loop ASX:CLG Stock Report

Last Price

AU$0.32

Market Cap

AU$170.2m

7D

10.3%

1Y

-15.8%

Updated

25 Apr, 2024

Data

Company Financials +

CLG Stock Overview

Close the Loop Ltd engages in the collection and recycling of imaging consumables, plastics, paper and cartons, and other related activities in Australia, Europe, South Africa, and the United States.

CLG fundamental analysis
Snowflake Score
Valuation5/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends0/6

Close the Loop Ltd Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Close the Loop
Historical stock prices
Current Share PriceAU$0.32
52 Week HighAU$0.50
52 Week LowAU$0.27
Beta0.46
1 Month Change8.47%
3 Month Change-20.00%
1 Year Change-15.79%
3 Year Changen/a
5 Year Changen/a
Change since IPO6.67%

Recent News & Updates

Here's Why Close the Loop (ASX:CLG) Can Manage Its Debt Responsibly

Apr 25
Here's Why Close the Loop (ASX:CLG) Can Manage Its Debt Responsibly

Close the Loop Ltd's (ASX:CLG) Share Price Is Matching Sentiment Around Its Earnings

Dec 29
Close the Loop Ltd's (ASX:CLG) Share Price Is Matching Sentiment Around Its Earnings

Recent updates

Here's Why Close the Loop (ASX:CLG) Can Manage Its Debt Responsibly

Apr 25
Here's Why Close the Loop (ASX:CLG) Can Manage Its Debt Responsibly

Close the Loop Ltd's (ASX:CLG) Share Price Is Matching Sentiment Around Its Earnings

Dec 29
Close the Loop Ltd's (ASX:CLG) Share Price Is Matching Sentiment Around Its Earnings

Close the Loop (ASX:CLG) Has Some Way To Go To Become A Multi-Bagger

May 03
Close the Loop (ASX:CLG) Has Some Way To Go To Become A Multi-Bagger

We Think Close the Loop's (ASX:CLG) Solid Earnings Are Understated

Mar 02
We Think Close the Loop's (ASX:CLG) Solid Earnings Are Understated

Is Close the Loop Ltd (ASX:CLG) Trading At A 45% Discount?

Jan 11
Is Close the Loop Ltd (ASX:CLG) Trading At A 45% Discount?

Close the Loop Ltd's (ASX:CLG) P/E Is On The Mark

Oct 04
Close the Loop Ltd's (ASX:CLG) P/E Is On The Mark

Shareholder Returns

CLGAU Commercial ServicesAU Market
7D10.3%-4.0%0.4%
1Y-15.8%7.6%6.0%

Return vs Industry: CLG underperformed the Australian Commercial Services industry which returned 7.1% over the past year.

Return vs Market: CLG underperformed the Australian Market which returned 5.7% over the past year.

Price Volatility

Is CLG's price volatile compared to industry and market?
CLG volatility
CLG Average Weekly Movement9.7%
Commercial Services Industry Average Movement6.5%
Market Average Movement8.9%
10% most volatile stocks in AU Market17.6%
10% least volatile stocks in AU Market3.5%

Stable Share Price: CLG's share price has been volatile over the past 3 months.

Volatility Over Time: CLG's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001n/aJoe Fosterwww.closetheloop.com.au

Close the Loop Ltd engages in the collection and recycling of imaging consumables, plastics, paper and cartons, and other related activities in Australia, Europe, South Africa, and the United States. It collects, sorts, reclaims, and reuses resources activities. The company also offers print consumables, eyewear, cosmetics, and electronic products.

Close the Loop Ltd Fundamentals Summary

How do Close the Loop's earnings and revenue compare to its market cap?
CLG fundamental statistics
Market capAU$170.19m
Earnings (TTM)AU$12.99m
Revenue (TTM)AU$180.47m

13.1x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLG income statement (TTM)
RevenueAU$180.47m
Cost of RevenueAU$114.80m
Gross ProfitAU$65.67m
Other ExpensesAU$52.68m
EarningsAU$12.99m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)0.024
Gross Margin36.39%
Net Profit Margin7.20%
Debt/Equity Ratio61.6%

How did CLG perform over the long term?

See historical performance and comparison
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